This week, oil companies are expected to increase prices of gasoline by 95 centavos to P1.05 per liter, diesel by 55 to 65 centavos per liter and kerosene by 80 to 90 centavos per liter.

In an effort to lower prices of petroleum products, Sen. Bam filed the Bawas Presyo sa Petrolyo Bill in May 2018, seeking to suspend and roll back the excise tax on fuel under the TRAIN Law once the country’s inflation rate exceeds the government’s target for three straight months.

“Wala pong ibang matatakbuhan ang taumbayan maliban sa Malacañan dahil tapos na ang session ang Kongreso,” Sen. Bam insisted, adding that government should listen to the cry of people who are burdened by high prices of food and other goods.